Americas Markets - Latest Developments


Melville, NY, August 25, 2014

Comtech Telecommunications Corp. (Nasdaq:CMTL) today confirmed that it is exploring strategic alternatives to enhance shareholder value, including a possible merger or sale of the company.

The company regularly considers a broad range of strategic alternatives with the goal of maximizing shareholder value. The company has not set a definitive timetable for completion of its evaluation and it does not intend to discuss or disclose further information regarding the status of its evaluation unless required by law, according to a statement.

Amsterdam, the Netherlands, August 21, 2014

IBC Content Everywhere is a new series of global events that acknowledge that IP-connected smartphones, tablets and personal computers are altering the way that we produce and consume media. The events will cover rich media production, devices, apps, digital marketing, social media, content personalisation, big data, cloud services, second screens, investment and much more. And they are truly global, the initial three events spanning Europe, MENA and LATAM, with the latter two taking place in Dubai in January 2015 and Sao Paulo later the same year.

Scottsdale, Ariz., August 20, 2014

The 2nd quarter 2014 showed about a 5% growth in set-top box revenues from a key set of major OEMs according to ABI Research. Most manufacturers saw similar sales, with ARRIS a clear winner, growing about 60% year-over-year to US$ 711 million (pro-forma based on the combined ARRIS-Motorola from the start of 2013). Cisco, however, was a clear loser, falling 30% to US$ 332 million, while Humax saw substantial revenue growth of 30%.

Carlsbad, Calif., August 12, 2014

ViaSat Inc., announced its fiscal year 2015 first quarter financial results, which included revenues of US$ 319.5 million and a new Adjusted EBITDA record of US$ 60.2 million, up 14% from US$ 52.7 million recorded in the same period last year.

Rochelle Park, N.J., August 7, 2014

For the second quarter of 2014, Machine-to-Machine communications provider ORBCOMM reported  total revenues were up 30.9% year-over-year to US$ 24.3 million.  Service Revenues were up 10.2% to US$ 14.9 million over the prior year. Second quarter 2014 Product Sales of US$ 9.4 million were 86.4% higher than prior year. 

Adjusted EBITDA for the second quarter of 2014 was US$ 5.1 million and was up 23.8% over the  prior year period. ORBCOMM’s basic EPS is $0.03 for the second quarter of 2014 compared to  $0.04 for the comparable period last year. 

Sao Paulo, Brazil, August 7, 2014

The National Association of Broadcasters (NAB) will produce four sessions at the SET Expo in São Paulo, Brazil, August 24-25. The sessions will address topics ranging from sports production, 4K video, media management in the cloud, and producing content for multiple devices.

NAB's participation in SET is part of the NAB Show Collaborative, an initiative to support the advancement of the global broadcast, media and entertainment communities.

Englewood, Colo., August 6, 2014

DISH Network Corp. today reported revenue totaling US$ 3.69 billion for the quarter ending June 30, 2014, compared to US$ 3.49 billion for the corresponding period in 2013. Subscriber-related revenue increased 5.6 percent to US$ 3.65 billion from US$ 3.45 billion in the year-ago period.

Net income attributable to DISH Network totaled US$ 213 million for the second quarter 2014, compared to a loss of US$ 11 million from the year-ago quarter.

Washington, D.C., August 4, 2014

Intelsat S.A. today reported total revenue of US$ 615.7 million and net income attributable to Intelsat S.A. of US$ 66.8 million, or $0.53 per common share on a diluted basis, for the three months ended June 30, 2014.  The company reported adjusted net income per diluted common share1 of $0.76 for the quarter.

Intelsat S.A. reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 485.5 million, or 79 percent of revenue, and Adjusted EBITDA of US$ 490.4 million, or 80 percent of revenue, for the three months ended June 30, 2014.

Geneva, Switzerland, August 4, 2014

ITU today announced a call for innovations, a global hunt for the innovators, makers or entrepreneurs who are using technologies such as 3D printing or advanced robotics, or working within fields such as bio-mimicry, which uses technological innovations to imitate nature in order to solve problems – those who can make a real difference in a rapidly evolving and changing world. The call was launched in conjunction with innovation partner Ars Electronica. Selected innovations will be showcased at the upcoming ITU Telecom World 2014 in Doha this December.

Hong Kong, August 1, 2014

Asia’s pay-TV and broadband industries are at a critical stage of growth and evolution, according to leading research & consulting firm Media Partners Asia (MPA). Pay-TV industry sales, including subscription and advertising, grew at a robust 10% in 2013 to reach approx. US$ 49 billion.